305
305
Dec 11, 2012
12/12
by
CNBC
tv
eye 305
favorite 0
quote 0
china is still positive in the fourth quarter. china is going to show a slow and steady improvement. so we need those. >> higher expectations stronger in the likes of taiwan, india and brazil. let's go back to where you say they're weakest. greece, italy, spain, the netherlands. this is a very weak feature, indeed. how bad in it? >> it's bad. the eurozone is the global economic problem now. if you look at asia where i just returned from, both countries are feeling optimistic. but they seem to be inwardly focused now by being a triangle of china, india, indonesia. we're not seeing a great benefit into europe as we did before. for instance, germany is looking pretty pessimistic. based on its lack of export performance to places like china. >> yeah. when the bundes bank came out and shortly downgraded forecasts, how is the employment picture? if you've got a relatively healthy china and the u.s. consumer bounce back, wouldn't that help germany? >> it certainly would. germany is relatively flat in terms of the employment outlook. so i
china is still positive in the fourth quarter. china is going to show a slow and steady improvement. so we need those. >> higher expectations stronger in the likes of taiwan, india and brazil. let's go back to where you say they're weakest. greece, italy, spain, the netherlands. this is a very weak feature, indeed. how bad in it? >> it's bad. the eurozone is the global economic problem now. if you look at asia where i just returned from, both countries are feeling optimistic. but...
163
163
Dec 11, 2012
12/12
by
FBC
tv
eye 163
favorite 0
quote 0
china, obvioussy, has plans to fix all of that with a little help from the american taxpayer and, of course, the president. wile we focus on the fiscal cliff negotiations, or more appropriately the impasse, many of our state governments aren't in much better shape. state pension systems, unfunded liabilities are now estimated to be in the range of $2.5 trillion to almost $4 trillion. leading is california with more than $370 billion in unfunded pension liabilities, only 47% are currently funded. a pension debt per household in california of almost $30,000. illinois close behind, $167 billion in unfunded liabilities, 28% funded, and the state pension debt per household amounting to over $34,000. in municipal bonds illinois sold over $5 billion in bonds this year making it the third biggest debt issuer in the first three quarters this year. california and new york, numbers one and two with. the issue of unfunded pension liabilities with the passage of right-to-work laws is a subject that i'm going to be taking up with our next guest. -@mallory factor, author of can the bestseller, "sha
china, obvioussy, has plans to fix all of that with a little help from the american taxpayer and, of course, the president. wile we focus on the fiscal cliff negotiations, or more appropriately the impasse, many of our state governments aren't in much better shape. state pension systems, unfunded liabilities are now estimated to be in the range of $2.5 trillion to almost $4 trillion. leading is california with more than $370 billion in unfunded pension liabilities, only 47% are currently...
68
68
Dec 11, 2012
12/12
by
FBC
tv
eye 68
favorite 0
quote 0
we were worried about central bank, liquidity, numbers okayed here, heating up in china. people thought europe was contained, and it feels that way now. people looking past the headlines whether it's the fiscal cliff or europe. i mean, there's a lot of doom day sayers out there, and it makes sense, but it seems like everything right now is contained, and the trade is up to the upside. david: right. liz mentioned the fed decision coming up, should be hearing about it tomorrow. what's the market expecting from the fed? in what way will they be excited or disappointed? >> well, i think the market, if you look at the options market, the flows into the ten year treasuries, it's implying 85 billion per month. the reason i say that is right now, deals, what, 165 #, if that was not the case, yields should be up 180, maybe 183 right now so all the flow right now is pointing to 85 or 90 billion per month. liz: okay. none of us is going to fight the tape here, larry. we'll talk to you in a moment when the s&p futures close, but in the meantime, going to the panel, daifd. david: sam,
we were worried about central bank, liquidity, numbers okayed here, heating up in china. people thought europe was contained, and it feels that way now. people looking past the headlines whether it's the fiscal cliff or europe. i mean, there's a lot of doom day sayers out there, and it makes sense, but it seems like everything right now is contained, and the trade is up to the upside. david: right. liz mentioned the fed decision coming up, should be hearing about it tomorrow. what's the market...
384
384
Dec 11, 2012
12/12
by
FOXNEWSW
tv
eye 384
favorite 0
quote 0
they send the jobs over to china. no wonder he likes china so much. martha: i mean a lot of people have the problem with the way this jobs czar handled things in his own business and feel it is not reflective of somebody working really hard to encourage capitalism and to encourage a growing u.s. economy, bob? >> first of all, andrea got to get over the election. it is over, okay. you lost. you have another shot. these things happen. just calm down. it will be all right. now, by the way, immelt is exactly right. the chinese have been kicking our butts around for the last two decades economically. for what they have got, which is a communist-managed economiter doing a very good job of it. not something we want. not something we want of our allies but it is working and you can't argue with that. they have been growing at phenomenal rate. >> currency manipulation, human rights violations. one-child policy. martha: i get bob's point. what bob is saying. business people tend to look at things in, you know, in terms of efficiency. does it work. i think in ma
they send the jobs over to china. no wonder he likes china so much. martha: i mean a lot of people have the problem with the way this jobs czar handled things in his own business and feel it is not reflective of somebody working really hard to encourage capitalism and to encourage a growing u.s. economy, bob? >> first of all, andrea got to get over the election. it is over, okay. you lost. you have another shot. these things happen. just calm down. it will be all right. now, by the way,...
333
333
Dec 11, 2012
12/12
by
CNBC
tv
eye 333
favorite 0
quote 0
things in china are settling out with the trance in addition that leadership and we see sequentialal improvement there. as we go into '13, we see a very strong story for did you possibility. we see strength in agriculture, nutrition, advanced materials, industrial biosciences. those businesses' earnings will be up in the high teens here year over year. that will be overshadowed by a cyclical business. our performance chemical segments, going to lose six to seven points of margin in 2013 versus 2012, so when you add it all up, we believe next year we'll see low to mid single digit earnings improvement. >> does any of this include expectations about the fiscal cliff? i mean, if we go over the fiscal cliff and don't have a debt deal by year end, what you will to cut jobs? what's the impact on dupont if we don't get a resolution in time in. >> it's hard to predict because it's hard to know. i do think if there's an issue and we don't avert a cliff i think we as a country will react quickly. i criit will have an impact. i along with many of my peers have been advocating very strongly to r
things in china are settling out with the trance in addition that leadership and we see sequentialal improvement there. as we go into '13, we see a very strong story for did you possibility. we see strength in agriculture, nutrition, advanced materials, industrial biosciences. those businesses' earnings will be up in the high teens here year over year. that will be overshadowed by a cyclical business. our performance chemical segments, going to lose six to seven points of margin in 2013 versus...
183
183
Dec 11, 2012
12/12
by
CNBC
tv
eye 183
favorite 0
quote 1
it may have had room to run, more so from palladium and the positive data from china. back to you. >> sharon, thank you very much. breaking news to brian shactman, nfl bounty case. brian. >> nine months after this story broke, paul announced he's vacating all penalties on four players. they are exonerated. the key here is the players were not in favor of tagliabue doing this. spent three years, 50,000 pages of documents indicting players. they exonerated them. two of them might return to play this season. >> thank you very much, brian shactman. >> to nasdaq, bertha coombs following big movers there. we have the advance there as well. >> we do. nasdaq 100 outperforming thanks to apple's recovery. off of the highs of the day. nonetheless it is contributing about a third of the outside impact to the nasdaq 100. facebook will be added tomorrow. watch that going into the close. it will be trading in the nasdaq, emphasis trades over at nyc. yahoo! has a mobile app for mail. today at a four-year high. that stock continues momentum. couple of deal-based stocks, trip adviser wi
it may have had room to run, more so from palladium and the positive data from china. back to you. >> sharon, thank you very much. breaking news to brian shactman, nfl bounty case. brian. >> nine months after this story broke, paul announced he's vacating all penalties on four players. they are exonerated. the key here is the players were not in favor of tagliabue doing this. spent three years, 50,000 pages of documents indicting players. they exonerated them. two of them might...
112
112
Dec 11, 2012
12/12
by
MSNBCW
tv
eye 112
favorite 0
quote 0
we also have china that is slowing down. globally and also domestically there is not enough demand to keep the economy going and i would say the worst scenario of all -- i don't think it's going to happen, but probably by march we're going to see some real problems in the economy if nothing happens. ou and i agreee do go off the cliff, so to speak, on january 1st, that the negotiations to fix this problem would begin somewhere around january 2nd? >> probably the 8:00 a.m. the morning of january 2nd. they are going on right now. >> yes. >> there is probably a slightly better than 50/50 chance that there will be a deal before december 18th. assuming that we're close to a deal, i think it's going to happen right away and the democrats are going to be preparing legislation and it's going to be introduced right away, january 2nd, to make a middle class tax cut retroactive to january 1st. >> yes. exactly. and i think one of the striking things that we're not hearing right now are a stand your ground republicans in the house or in
we also have china that is slowing down. globally and also domestically there is not enough demand to keep the economy going and i would say the worst scenario of all -- i don't think it's going to happen, but probably by march we're going to see some real problems in the economy if nothing happens. ou and i agreee do go off the cliff, so to speak, on january 1st, that the negotiations to fix this problem would begin somewhere around january 2nd? >> probably the 8:00 a.m. the morning of...
262
262
Dec 11, 2012
12/12
by
CNBC
tv
eye 262
favorite 0
quote 0
we can talk china. europe's been left behind. the only thing that's keeping us back is any deal. just get any deal if we can get 4% growth? >> it has to be a real deal that's north of $4 trillion. here's where kent and i might disagree. i agree that we can get to a grand bargain but it has to be one in my case where you've actually made the decisions. i'm not going to do another process bill, i'm sorry. you know -- >> meaning -- >> i want -- let's implement the policies right now. i don't want to set up another committee, i don't want to give directions to committees to come back. you know there's an old adage here in the senate, there's nothing to be learned from the second kick in the shin from a mule. okay? we've already been down the path of a process. we had 12 really smart folks, six on each side, and i'm not willing to go down that route again. i want us to make the decisions now, i want the entitlement reforms put in place now, and i hope that speaker boehner will not negotiate a way the debt ceiling until those specific reforms are in place. that's been missing in this d
we can talk china. europe's been left behind. the only thing that's keeping us back is any deal. just get any deal if we can get 4% growth? >> it has to be a real deal that's north of $4 trillion. here's where kent and i might disagree. i agree that we can get to a grand bargain but it has to be one in my case where you've actually made the decisions. i'm not going to do another process bill, i'm sorry. you know -- >> meaning -- >> i want -- let's implement the policies right...
127
127
Dec 11, 2012
12/12
by
FOXNEWSW
tv
eye 127
favorite 0
quote 0
now, it would take a lot of courage for him and he would have to break a lot of china in his own party to say we've got a short-term fiscal cliff and we've got a bi bigger one that that. i want to head it all off, and it will take a bargain to do it and i'm ready to do it. he talks about it, but he doesn't do it. >> bill: what are the odds? >> it's pretty remote. here are the results of the poll. do you believe president obama and the republicans will reach a budget deal before automatic tax increases are triggered? only 15% say yes. 85% do not believe that deal is going to be reached. we have a brand new bill o'reilly.com poll question for you. do you believe the factor's christmas controversy coverage is accurate or overblown? are we overdoing it or right on it? this is the new bill o'reilly.com. directly ahead, bernie goldberg on accusations the right wing media controls america. >>> later, adam carolla on a judge ordering a dead beat dad not to have any more children. those reports after these messages. [ malennouncer ] it's tt time of year again. time for citi price rewind. becaus
now, it would take a lot of courage for him and he would have to break a lot of china in his own party to say we've got a short-term fiscal cliff and we've got a bi bigger one that that. i want to head it all off, and it will take a bargain to do it and i'm ready to do it. he talks about it, but he doesn't do it. >> bill: what are the odds? >> it's pretty remote. here are the results of the poll. do you believe president obama and the republicans will reach a budget deal before...
80
80
Dec 11, 2012
12/12
by
FBC
tv
eye 80
favorite 0
quote 0
the trade gap with china did hit an all-time high. will fred industries is the latest offering special one-time payments. the company is boosting its quarterly dividend 20% to 16 and a half% a share payable on december 28. the website planning to streamline its operation and focus its resources on engagement innovation and customer satisfaction. that is the latest from the fox business network. giving you the power to prosper. ♪ with thinkorswim by td ameritrade. use the news links breaking stories with possible breakout stocks, options with potential opportunity, futures and forex with in-depth analysis. it an all-you-can-eat buffet for all things trading. thinkorswim by td ameritrade. it doesn't just deliver news. it's making news. trade commission free for 60 days, plus get up to $600 when you open an account. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pa
the trade gap with china did hit an all-time high. will fred industries is the latest offering special one-time payments. the company is boosting its quarterly dividend 20% to 16 and a half% a share payable on december 28. the website planning to streamline its operation and focus its resources on engagement innovation and customer satisfaction. that is the latest from the fox business network. giving you the power to prosper. ♪ with thinkorswim by td ameritrade. use the news links breaking...
203
203
Dec 11, 2012
12/12
by
CNNW
tv
eye 203
favorite 0
quote 0
china will be a big driver and india will be growing like china is today. they talk about how the world is changing. it's like no other time since the french revolution. remember in the late 18th century, the industrial revolution, except it's happening more quickly. it's taking a tenth of the time for china and asia to rise quickly. let me read to you something from the report, in the tectonic shift, asia will have surpassed north maeshg and europe combined in terms of global power, based upon gdp, population size, military spending and technological spending. china alone will probably have the largest economy, surpassing that of the united states a few years before 2030. people because of technology, people really have more power than they've ever had before, individuals have more power an that can also cause problems with, you know, people using technology for ill means. >> is this the whole report? >> the 140-page rundown. i'm sure the president gets a bigger one. >> this is an intelligence report. >> yes. >> why on earth would anyone buy a jillion doll
china will be a big driver and india will be growing like china is today. they talk about how the world is changing. it's like no other time since the french revolution. remember in the late 18th century, the industrial revolution, except it's happening more quickly. it's taking a tenth of the time for china and asia to rise quickly. let me read to you something from the report, in the tectonic shift, asia will have surpassed north maeshg and europe combined in terms of global power, based upon...
249
249
Dec 11, 2012
12/12
by
CNNW
tv
eye 249
favorite 0
quote 0
and china is ready to overtake the u.s. sooner than you think. first, forget the fiscal cliff, because the economy is coming back. americans are feeling more optimistic about 2013 and if we play our cards right, we're going to see a new economic renaissance. td ameritrade recently surveyed folks on their outlook for the new year. 43% say they're downright optimistic about the economy and believe we're headed for a rebound. 45% are feeling good about their own finances, but we already know that things are starting to get better. look, we're adding jobs every month, consumer debt continues to shrink. stock markets are up. longer term, though. america will reap the rewards of its domestic energy boom and more oil and gas gets extracted. the drop in the price of natural gas is already helping utilities and factories compete. that's creating more american jobs. and there is more. housing will be the golden lining to the economic cloud that is hanging over this country. mortgage rates are at historic low and should stay that way for the next two years
and china is ready to overtake the u.s. sooner than you think. first, forget the fiscal cliff, because the economy is coming back. americans are feeling more optimistic about 2013 and if we play our cards right, we're going to see a new economic renaissance. td ameritrade recently surveyed folks on their outlook for the new year. 43% say they're downright optimistic about the economy and believe we're headed for a rebound. 45% are feeling good about their own finances, but we already know that...
123
123
Dec 11, 2012
12/12
by
CSPAN2
tv
eye 123
favorite 0
quote 0
china is offering 13 types of railways and has 20 under construction. by 2020 this network will cover nearly 10,000 miles. when i looked at the title of this hearing about what mistakes have been made it seems to me one of the number one mistakes is our lack of continued commitment to high speed rail in providing adequate dollars to be able to have a true system in the united states. not only are we not investing in alternative to highway system that we are spending it on band-aids for infrastructure rather than investing in the top tier system. our president has taken bold steps and the secretary has carried that flag with us but we must provide the support to provide the additional dollars that are certainly going to be needed as mr. denham reference to get the project going. when you consider the amount of money spent on gasoline, aging infrastructure and all of the changes, certainly high speed rail must be at the forefront and when you consider federal reserve bank of san francisco reference the infrastructure investments it is a good thing for the
china is offering 13 types of railways and has 20 under construction. by 2020 this network will cover nearly 10,000 miles. when i looked at the title of this hearing about what mistakes have been made it seems to me one of the number one mistakes is our lack of continued commitment to high speed rail in providing adequate dollars to be able to have a true system in the united states. not only are we not investing in alternative to highway system that we are spending it on band-aids for...
220
220
Dec 11, 2012
12/12
by
CNNW
tv
eye 220
favorite 0
quote 0
. >>> new world order, the economy growing at an enormous rate in china, and in a few years it will surpass the u.s. what it means, coming up. >>> dozens of homes damaged in the south, ripping off roofs and damaging trees. more to come. stamp watch, straight ahead. >>> lots to talk about this morning. the next two hours, we'll talk with steve israel. jeff sessions, sandy levin, rahm emanuel and businessman javier paolomarez, ed burns, frankie monday easy, and chuck leavell. "starting point" begins right now. welcome, everybody. "starting point" this morning, angry, united. bracing for protests in michigan as the state is poised to become the most unionized right to work state. as many as 10,000 unionized workers expected at the state capitol to voice their disapproval of the measure. some of them teachers, two detroit area school districts shut down for the day as hundreds of teachers plan to join the protest. president obama brought it up during a trip to a daimler truck factory in redford, michigan. this is what he said. >> this so-called right to work law, they don't have to do with econ
. >>> new world order, the economy growing at an enormous rate in china, and in a few years it will surpass the u.s. what it means, coming up. >>> dozens of homes damaged in the south, ripping off roofs and damaging trees. more to come. stamp watch, straight ahead. >>> lots to talk about this morning. the next two hours, we'll talk with steve israel. jeff sessions, sandy levin, rahm emanuel and businessman javier paolomarez, ed burns, frankie monday easy, and chuck...
451
451
Dec 11, 2012
12/12
by
FOXNEWSW
tv
eye 451
favorite 0
quote 0
china buying up u.s. companies on the cheap and we are paying interest on money we are borrowing from the communist company in the first place. a battery system is closed unless regalators stepped in. is it 123. >> it is a-123. >> gretchen: it went bankrupt. >> the judge holds an auction and a chinese company wins the auction and $256 million for a 123. china has the money. that's the bottom line. we have spent all of ours and china is buying up american assets like the battery company. the problem is, taxpayers have subicized a 123 and pumped in a grant and gave it to this outfit that is now bankrupt and china is picking up the pieces dirt cheap. the ball is in president obama's court. there is a committee that decides whether or not a foreign company can buy an american company. on what grounds do they wish to buy. is it in our national interest to sell to a chinese company. time geithner heads that committee and he will decide are we going to sell this dirt cheap to china or not. >> gretchen: oh, by th
china buying up u.s. companies on the cheap and we are paying interest on money we are borrowing from the communist company in the first place. a battery system is closed unless regalators stepped in. is it 123. >> it is a-123. >> gretchen: it went bankrupt. >> the judge holds an auction and a chinese company wins the auction and $256 million for a 123. china has the money. that's the bottom line. we have spent all of ours and china is buying up american assets like the...
241
241
Dec 11, 2012
12/12
by
FBC
tv
eye 241
favorite 0
quote 0
and china may be the number one economy soon. really? "varney & company" about to begin. >> right off the top, breaking news for you now. fox business learned that a group claimed to be aligned with terrorism is threatening to launch a massive attack against u.s. bank websites and made that threat in the fall and this is a new threat set to start this week, we hear. and a list of banks targeted includes j.p. morgan chase, bank of america, u.s. bancorp, pnc financial services and suntrust banks. more details when we've got them. the power and might of unions on display today and being tested. you will see huge protests at the state capital building in michigan where right to work legislation will be signed today. that means workers will be able to choose if they want to join the union. they will no longer be compelled to pay dues. here is the president speaking at a daimler factory in michigan yesterday. >> we do everything we can to encourage companies like daimler to keep investing in american workers. and by the way, what we shouldn't
and china may be the number one economy soon. really? "varney & company" about to begin. >> right off the top, breaking news for you now. fox business learned that a group claimed to be aligned with terrorism is threatening to launch a massive attack against u.s. bank websites and made that threat in the fall and this is a new threat set to start this week, we hear. and a list of banks targeted includes j.p. morgan chase, bank of america, u.s. bancorp, pnc financial services...
101
101
Dec 11, 2012
12/12
by
CSPAN
tv
eye 101
favorite 0
quote 0
developed enough revenue because of our import taxes are so much smaller than those of countries like china. and in turn today -- 8 report was done on comparative tax, and they support 20% of their federal government through import taxes. why is it that we feel we cannot compete with a country that is taxing us heavily on our imports, yet when they export to our country we have just 1.9% next that is ridiculous. it is not a level playing field -- 1.9%? that is ridiculous. that is not a level playing field. an in tern in indiana did this research. guest: there is the risk of a trade war, a violation of the world trade organization pact. a lot of the big box stores rely on inexpensive imports. so it would be a trade-off. it would have an impact on the prices. host: winchester, ohio. thomas is an independent. caller: thanks for taking my call. i watch c-span all the time. i'm curious why this continuation of the republican versus democrat bashing goes on when there is such an important issue that needs to be taken care of in this country. why is there not a federal sales tax to take care of so
developed enough revenue because of our import taxes are so much smaller than those of countries like china. and in turn today -- 8 report was done on comparative tax, and they support 20% of their federal government through import taxes. why is it that we feel we cannot compete with a country that is taxing us heavily on our imports, yet when they export to our country we have just 1.9% next that is ridiculous. it is not a level playing field -- 1.9%? that is ridiculous. that is not a level...
155
155
Dec 11, 2012
12/12
by
KTVU
tv
eye 155
favorite 0
quote 0
. >>> researchers in china found a way to create blood cells using urine. researchers hope to one day use the new technique to treat diseases such as alzheimer's and parkinson's. >>> san francisco renters could soon find out ahead of time if they will be living next door to smokers. san francisco's board of supervisors could soon require landlords to give potential tenants a list of apartments where smoking is allowed. a city committee approved a plan and the board is expected -- board is expected to vote on it next ban. >>> 7:23. where is the smartest city in north america? one website says san francisco is the second smartest city. san francisco has a lining entrepreneurial economy -- this rhining entrepreneur economy, the report says, but they say it is near colleges and universities. behind san francisco are seattle and vancouver. >>> 7:23. we want to check in with sal. see what's happening on the roads. sal? >> yeah. boston has harvard. >> right. >> let's take a look at what we have. it's cambridge, technically. but you know what i mean. southbound 880
. >>> researchers in china found a way to create blood cells using urine. researchers hope to one day use the new technique to treat diseases such as alzheimer's and parkinson's. >>> san francisco renters could soon find out ahead of time if they will be living next door to smokers. san francisco's board of supervisors could soon require landlords to give potential tenants a list of apartments where smoking is allowed. a city committee approved a plan and the board is expected...